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Classic Cars with a High ROI

The business of restoring classic cars can be a financially thankless one. Many times the amount of hours that goes into hunting for parts and reconstructing parts of the vehicle can be momentous. Add that on top of the high cost that these parts will often go for, and it will be easy to feel like you are throwing your money into a bottomless pit. However, some classic cars can be much less effort, and offer a lot more back than you put in. Here’s a few cars that can almost guarantee a return on investment.

1965 Buick Riviera

The 1965 Buick Riviera is one of the most popular post-war era vehicles. The great style and look still holds up on the road today, aside from just the initial vintage appeal. Buying an old and rusted version of this car will only set you back between $5000 to $8000, but a fully restored and detailed model can easily go for $40,000 and up. Luckily, many modern companies have begun to produce and sell restoration parts, making it much easier and cheaper to fix up!

1929 Ford Model A Roadster

This is one of the original sports cars; the classic of all classic cars. The Model A Roadster was Ford’s gem of the post-war era. The good news for collectors and restorers is that old, beaten-up versions of these cars are scattered in yards and driveways all across middle America just gathering dust. One of those unkempt models will run a buyer several grand, but one of these cars that is fully restored will likely go for between $40,000 and $50,000. Fixing one of these up will be fairly simple, due to the simplicity of the mechanics under the hood. There is also plenty of accessible information and support from experts all over the world on how best to tune them up.

1969 Chevy Camaro

The 1969 Chevy Camaro is one of the most popular machines to restore today. Because of the burgeoning interest in this vehicle, all of the parts are available new, meaning you will never have to spend weeks hunting for obscure parts. However, this also means that obtaining one can be a little pricier, around $15,000 even for a cheap one. But this investment can pay off in a really big way if you put a little time and capital into it, because one of these cars with performance parts can easily sell for over $100,000.

1957 Studebaker Golden Hawk

While one of the most stylish cars to restore, the 1957 Studebaker Golden Hawk is certainly the rarest option on this list. They were all built with exceptional quality, though, meaning that many are still in good condition today. However, the cheapest that one will likely go will still be between $10,000 and $20,000. But due to the direct nature of its mechanics, it is an easy machine to fix up, and a fully restored one will usually sell for between $100,000 and $200,000, but has been known to sell for as high as $300,000.Tags:Buick, Camaro, Chevy, Classic Cars, Ford, investment, mechanic, Model A, parts, Riviera, Roadster, ROI, Studebaker Hawk

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14 Sep, 2015

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